Analyst, Compensation

SALARY

$72,797.80

POSITION SUMMARY

Works to ensure that the administration of compensation and classification programs are internally equitable, externally competitive, properly administered, and in compliance with labor agreements, state and federal laws and regulations.

PRIMARY RESPONSIBILITIES

Compensation Data Analysis

• Prepares compensation data for external transit constituencies and for salary studies.
• Gathers data from market-based compensation surveys; uses spreadsheet and data analysis techniques to assess results and market trends.
• Prepares and presents summary reports of job analysis and compensation analysis information.
• Benchmarks jobs against survey data and other market intelligence to determine competitive compensation ranges for each position.
• Build and review competitive compensation packages for internal and external hires in a manner consistent with internal guidelines and principles.

Position Maintenance

• Receives and analyzes recommendations from management regarding organizational and personnel actions to determine propriety, adherence to established policy, contracts and procedures. Prepares appropriate responses and actions.
• Maintains record of organization structure (org charts) and creates ad hoc visuals.
• Configures HR systems for positions to be prepared for hire. Monitors vacancies and prepares reports regarding positions moving through the hiring process. Prepares documentation related to staffing modifications.
• Works closely with Human Recourses Information System to maintain HR systems on compensation related information and changes.
• Works closely with Recruitment and Budget teams on organizational and personnel matters.

Job Classification

• Prepares and maintains job descriptions for each position in the organization; ensures descriptions accurately reflect the work being performed by incumbents.
• Assists management and senior staff with job analyses, evaluation of exempt and non-exempt classifications, band structure and compensation data to recommend appropriate levels in organizational and compensation hierarchies for new and existing jobs.
• Prepares periodic and special reports relevant to compensation function.
• Performs other duties as they might be assigned.

MANAGEMENT RESPONSIBILITIES

Reporting to this position are the following jobs:

Job Title

None

CHALLENGES

• Communicating compensation salaries and procedures.
• Attention to detail to maintain database integrity.
• Keeping abreast of market salary tendencies and federal, state and local laws regulating compliance of pay policies.

EDUCATION/EXPERIENCE REQUIREMENTS

• Bachelor's degree in Business, Human Resources, Finance, Accounting, Economics, Statistics, Mathematics, or related discipline, or an equivalent combination of education and experience. One (1) years of experience in compensation and job classification preferred.
• Certified Compensation Professional (CCP), Professional in Human Resources (PHR) certification, and/or Society for Human Resource Management - Certified Professional (SHRM-CP) desirable.

PHYSICAL REQUIREMENTS

• Requires remaining in a stationary position for extended periods of time and constantly operating a computer and other office productivity machinery.
• Service Area Requirement: Exempt (Non-Union) employees must live within the boundaries of the CTA Statutory Service Area either at the time of employment or within 6 months of beginning employment at CTA.

KNOWLEDGE, SKILLS, AND ABILITIES

• Working knowledge of salary survey design and analysis methods.
• Working knowledge of job classification and job evaluation techniques.
• Working knowledge of The Authority's organizational structure.
• Strong verbal, written, and interpersonal communication skills.
• Strong organizational and time management skills.
• Knowledge of human resource laws, regulations and best practices
• Good research skills.
• Intermediate Microsoft Word and Excel Skills
• Strong analytical and problem-solving abilities.
• Knowledge of quantitative and qualitative research methods

WORKING CONDITIONS

• General office working environment.

EQUIPMENT, TOOLS, AND MATERIALS UTILIZED

• Software including Microsoft Office, Excel, Power Point, and ORACLE.
• Standard office equipment.